Allspring Utilities and High Income Fund (ERH) belongs to the Utilities Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ERH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ERH
ERH charges 0.93% annually. There are 7 mutual funds in the Utilities Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Utilities Index Fund Admiral Shares | 0.10% | 10.60B | Apr 2004 | ERH vs VUIAX | |
| Fidelity Telecom and Utilities Fund | 0.60% | — | Nov 1987 | ERH vs FIUIX | |
| American Century Utilities Fund | 0.65% | 312.77M | Feb 1993 | ERH vs BULIX | |
| Franklin Utilities Fund | 0.72% | — | Sep 1948 | ERH vs FKUTX | |
| Fidelity Select Utilities Portfolio | 0.74% | — | Dec 1981 | ERH vs FSUTX |
Best Risk-Adjusted Alternatives to ERH
ERH has a PortfoliosLab risk / return rank of 15. There are 13 mutual funds in the Utilities Equities category with higher risk-adjusted ranks, going as high as 62.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Duff & Phelps Utility and Infrastructure Fund Inc | 62 | — | Jul 2011 | ERH vs DPG | |
| Gabelli Utilities Fund | 35 | — | Aug 1999 | ERH vs GABUX | |
| Hennessy Gas Utility Fund | 27 | — | May 1989 | ERH vs GASFX | |
| Franklin Utilities Fund Class A | 23 | — | Sep 1948 | ERH vs FKUQX | |
| Franklin Utilities Fund | 23 | — | Sep 1948 | ERH vs FKUTX |
Top Performing ERH Alternatives (YTD)
ERH is at 4.34% YTD. There are 14 mutual funds in the Utilities Equities category with higher YTD returns, going as high as 14.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Duff & Phelps Utility and Infrastructure Fund Inc | 14.97% | — | Jul 2011 | ERH vs DPG | |
| Hennessy Gas Utility Fund | 10.54% | — | May 1989 | ERH vs GASFX | |
| Franklin Utilities Fund | 7.77% | — | Sep 1948 | ERH vs FKUTX | |
| Gabelli Utilities Fund | 7.75% | — | Aug 1999 | ERH vs GABUX | |
| Franklin Utilities Fund Class A | 7.71% | — | Sep 1948 | ERH vs FKUQX |
Lowest Volatility Alternatives to ERH
ERH has 12.79% 1-year volatility. There are 3 mutual funds in the Utilities Equities category with lower 1-year volatility, going as low as 10.71%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Utilities Fund | 10.71% | — | Aug 1999 | ERH vs GABUX | |
| Hennessy Gas Utility Fund | 11.94% | — | May 1989 | ERH vs GASFX | |
| Duff & Phelps Utility and Infrastructure Fund Inc | 12.28% | — | Jul 2011 | ERH vs DPG | |
| Allspring Utility and Telecommunications Fund | 13.28% | — | Jan 1994 | ERH vs EVUAX | |
| Rydex Utilities Fund | 13.85% | — | Apr 2000 | ERH vs RYUIX |
Lowest Drawdown Alternatives to ERH
ERH has a 1-year max drawdown of -9.36%. There are 13 mutual funds in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -5.85%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Duff & Phelps Utility and Infrastructure Fund Inc | -5.85% | — | Jul 2011 | ERH vs DPG | |
| Hennessy Gas Utility Fund | -6.95% | — | May 1989 | ERH vs GASFX | |
| Gabelli Utilities Fund | -7.14% | — | Aug 1999 | ERH vs GABUX | |
| Allspring Utility and Telecommunications Fund | -7.68% | — | Jan 1994 | ERH vs EVUAX | |
| Rydex Utilities Fund | -7.97% | — | Apr 2000 | ERH vs RYUIX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 21 | -4.43% | — | Jan 1998 | ERH vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 95 | 38.34% | — | Jan 1998 | ERH vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 26 | 10.92% | — | — | ERH vs WFMIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 79 | 0.61% | — | Aug 1999 | ERH vs SSHIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 98 | 1.38% | — | Aug 1999 | ERH vs SADIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 13 | 6.79% | — | Jan 1998 | ERH vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 21 | 13.28% | — | May 1993 | ERH vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 70 | 10.52% | — | Feb 1990 | ERH vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 13 | 9.16% | — | Feb 2000 | ERH vs SENAX | |
| Allspring Small Company Value Fund | Small Cap Value Equities | 51 | 18.70% | — | Jan 2002 | ERH vs SCVAX |
Often Compared With ERH
Investors most often compare ERH with FRURX, PRUAX, BUI. These 9 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin Utilities Fund Class R | Utilities Equities | 22 | 7.69% | — | Jan 2002 | ERH vs FRURX | |
| PGIM Jennison Utility Fund | Utilities Equities | 16 | 6.52% | — | Jan 1990 | ERH vs PRUAX | |
| BlackRock Utilities, Infrastructure & Power Opport... | 84 | 16.11% | — | — | ERH vs BUI | ||
| The Gabelli Utility Trust | Utilities Equities | 58 | 12.82% | — | Feb 1999 | ERH vs GUT | |
| MFS Utilities Fund | Utilities Equities | 22 | 7.13% | — | Feb 1992 | ERH vs MMUFX | |
| Reaves Utility Income Trust | 79 | 18.90% | — | — | ERH vs UTG | ||
| Allspring Opportunity Fund | Large Cap Growth Equities | 21 | 7.77% | — | Feb 2000 | ERH vs SOPVX | |
| Allspring Index Asset Allocation Fund | Diversified Portfolio | 57 | 5.76% | — | Nov 1986 | ERH vs SFAAX | |
| State Street Financial Select Sector SPDR ETF | Financials Equities | 15 | -0.77% | 51.89B | Dec 1998 | ERH vs XLF |
Compare ERH with Any Fund or Stock
Compare ERH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ERH with funds that move differently
Allspring Utilities and High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ERH.
Explore ERH Diversifiers